$315,000
$35K PRICE DROP

Estimated payment $2,006/month

Total Views 5,521
5 Beds
4 Baths
2,178 Sq Ft
$145 Price per Sq Ft

About This Home

This building offers classic Duluth charm with strong income potential in the heart of Central Hillside. This 1911 multi-family property features approximately 2,178 sq ft with four total units, offering a mix of 5 bedrooms and 4 baths across the building, creating excellent flexibility for tenants or an owner-occupant. High ceilings, large windows, and an efficient floor plan give each unit a bright, comfortable feel. Residents appreciate the urban convenience of this location, just minutes from downtown, the medical district, colleges, and Lakewalk access, with nearby transit, parks, and local amenities enhancing everyday living. The compact lot keeps exterior maintenance manageable while still providing a sense of neighborhood streetscape and walkability. Whether you are expanding your portfolio or looking for a well-located property with established rental history, 517 E 5th St stands out as a solid, centrally situated Duluth opportunity.

Listing Agent

Tracy Ramsay

RE/MAX Results Listed on: 01/29/2026

RE/MAX Results

Co-Listing Agent

Deena Shykes

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,450

Year Built

  • Built in 1911

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 25x73

Parking

  • No Garage

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 2,178 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Stone Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 010-1010-00870

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,450

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Directions: North 6th Ave W turn right onto E 5th, property will be on the left.
  • L O1 Office Phone1 Number: 218-722-2811
  • Tax Year: 2025
  • Lot Description Waterfront: No
  • CondoPropertyType: Up & Down
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 2178
  • Garage Type: None
  • Heat: Forced Air, Natural Gas
  • Reso Roof: Asphalt Shingles
  • TotalBedrooms: 5
  • MediaType: Fourplex
  • Year Built: 1911
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Material: Stone
  • Basement Style: Full
  • Stories: 2 Story
  • Total Bathrooms: 4
  • Total Fin Square Footage: 2178

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Metal

Utilities

  • Power Company: Minnesota Power
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Association Fee: No

Association/Amenities

  • AmenitiesFireplace1: No

Schools

  • Junior High Dist: Duluth #709

Lot Info

  • Estimated Lot Dimensions: 25X73
  • Estimated Number of Acres: 0.04
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 010-1010-00870

Rental Info

  • Tenant Expense: Trash

Tax Info

  • Tax Amount: 4450

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,450 $266,400 $65,200 $201,200
2023 $4,450 $260,800 $63,800 $197,000
2022 $4,448 $282,300 $66,200 $216,100
2021 $2,582 $221,400 $65,700 $155,700
2020 $2,658 $131,500 $11,000 $120,500
2019 $2,196 $131,500 $11,000 $120,500
2018 $2,066 $109,600 $9,100 $100,500
2017 $2,060 $109,600 $9,100 $100,500
2016 $2,004 $67,200 $6,400 $60,800
2015 $2,079 $109,600 $9,100 $100,500
2014 $2,079 $111,000 $5,700 $105,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/10/2026 02/10/26 Price Changed $315,000 -10.0% $145 / Sq Ft
01/29/2026 01/29/26 For Sale $349,900 +20.7% $161 / Sq Ft
09/02/2021 09/02/21 Sold $290,000 +9.4% $133 / Sq Ft View Prior Sale
07/17/2021 07/17/21 Pending -- -- --
07/12/2021 07/12/21 For Sale $265,000 -- $122 / Sq Ft
Source: Lake Superior Area REALTORS®

Source: Lake Superior Area REALTORS®

MLS Number: 6123479

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